Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in March 2018.
In March 2018, there were 25 sales of detached homes and 113 active listings in Squamish. The benchmark sale price was $1,006,100 with an average days on market of 47.
The Condo market had 8 sales and 32 active listings at the end of the month. The benchmark sale price was $491,000 with an average days on market of 19.
Townhome sales were 14, active listings were 18. The benchmark sale price was $851,300, and the average days on market were 16.
It’s a buyer’s market for single family homes and condos.
In the Whistler market, the benchmark sale price was $1,672,000 with an average days on market of 67 days for detached homes. At the end of the month, there were 7 sales and 50 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 32 sales and 71 active listings. The benchmark sale price was $535,300, and the average days on market were 26.
Townhome featured 24 sales, 39 active listings and a $1,010,400 benchmark sale price with 28 days on market average
It’s a seller’s market for condos and townhomes.
Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast?
MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.
This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org